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Foreigners sell Indian bonds in May, buy in other Asian markets

Markets

15 June, 2020

Foreigners sell Indian bonds in May, buy in other Asian markets

Indian bonds faced sharp foreign outflows in May on worries about rising domestic coronavirus infections, while other Asian fixed income ......

S&P affirms India's long-term sovereign credit rating, outlook

Finance

10 June, 2020

S&P affirms India's long-term sovereign credit rating, outlook

Standard and Poor's affirmed its rating on India's long-term foreign and local currency sovereign credit at the lowest investment-grade level ......

Coronavirus to shrink Indian economy by 3.2% in FY21: World Bank

Economy

09 June, 2020

Coronavirus to shrink Indian economy by 3.2% in FY21: World Bank

The coronavirus will cause global economic output to contract by 5.2% in 2020, the World Bank said on Monday, warning ......

RBI monetary policy panel sees space for more easing

Economy

05 June, 2020

RBI monetary policy panel sees space for more easing

The impact of the pandemic on India's economy has been far more acute than expected and the central bank's monetary ......

Moody's downgrades India rating on growth risks, worsening fiscal position

Finance

01 June, 2020

Moody's downgrades India rating on growth risks, worsening fiscal position

Moody's Investors Service on Monday downgraded India’s foreign- and local-currency long-term ratings citing risks to economic growth, significant deterioration in ......

GDP growth slows to eight-year low in Jan-March with worse to come

Economy

29 May, 2020

GDP growth slows to eight-year low in Jan-March with worse to come

India’s gross domestic product expanded at a sharply slower pace for the quarter and year through March 2020, as the ......

Nifty jumps 6% for the week to touch one-month high

Markets

29 May, 2020

Nifty jumps 6% for the week to touch one-month high

Indian shares rose for the third straight session on Friday and finished the week sharply higher ahead of the release ......

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How coronavirus threatens to derail years of effort to control India govt debt

Finance

29 May, 2020

How coronavirus threatens to derail years of effort to control India govt debt

When finance minister Nirmala Sitharaman presented the annual budget in February, a little factoid went largely unnoticed and mostly under-reported. For ......

RBI cuts interest rates again, projects GDP to contract in FY21

Economy

22 May, 2020

RBI cuts interest rates again, projects GDP to contract in FY21

The Reserve Bank of India on Friday cut interest rates by 40 basis points in a surprise move to revive ......

Sensex, Nifty rise as travel curbs eased; airlines, ITC surge

Markets

21 May, 2020

Sensex, Nifty rise as travel curbs eased; airlines, ITC surge

Indian shares ended higher on Thursday for the third consecutive session as the country eased curbs on air and rail ......